If uk offers 'better deal than eu' africa is open for trade - un boss
If uk offers 'better deal than eu' africa is open for trade - un boss"
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She wrote: “This proposed India–UK FTA may be easier to negotiate than the India-EU FTA, as some of the sticking points in an India-EU FTA may be easier to resolve.” The report said:
"Given the slow pace of negotiations over [a trade deal] with the EU, Brexit provides a fresh opportunity to India to strengthen its economic relationship with the UK through an
India–UK trade and investment agreement." Chancellor Philip Hammond last week started a major trade mission this week as he traveled to India to secure a business boost for Britain
post-Brexit. Mr Hammond said: "As we prepare to leave the European Union, it is more important than ever that we strengthen our relationship with India, one of the world's leading
economies and one of our oldest friends and allies. "Our trade and investment relationship is already strong - the UK has been the largest G20 investor in India during the last 10
years, and India is a leading global investor in the UK, creating over 7,000 new jobs last year alone, but there is much more we can do." During the two-day trip, the Chancellor held
talks with Indian finance minister Arun Jaitley and, speaking during a joint press conference in Delhi, Mr Jaitley said his country was open for arrangements with Britain that were “mutually
beneficial”. The minister said: “I think once the opportunity arises after Brexit, India is open to all arrangements which are in mutual interests for expanding trade. “India, as
you've seen over the last few years, has been opening out in terms of the nature of investments… and I am quite certain arrangements which are mutually beneficial… is possible.”
Meanwhile, Mr Hammond said he looked forward to building a “mature relationship between equals”.
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